229 Noble Avenue

Montgomery AL 36104

Other

Last sold for $325,000

Jeremy Kelly, last sold this property on 30 January 2026 after 22 days on market.

Overview

Discover a rare investment opportunity in Montgomery’s historic Garden District. Built in 1900 and fully renovated from top to bottom, this impressive 3-unit multifamily property pairs historic charm with modern performance. The sale also includes the adjacent vacant lot, already zoned for multifamily development, allowing for immediate expansion or future value-add growth. The property is being sold fully furnished, including all appliances, washers and dryers, and complete furniture packages in every unit, making this a turnkey, income-producing asset from day one. The building is currently cash flowing over $5,500 per month with stable traveling-nurse tenants in place, offering reliable occupancy and strong rental demand. Major system upgrades completed in 2023 include: -New plumbing drains, pipes, lines & water heaters -New electrical wiring and boxes -New HVAC systems -50-year metal roof -Custom countertops, tile work throughout -Stainless steel appliances in every unit -Fresh sheetrock and paint on every wall. The two upper units feature impressive 11-foot ceilings, abundant natural light, and spacious layouts. All kitchens have been modernized with butcher block countertops and updated appliances. Bathrooms were fully remodeled with custom showers and luxury fixtures. Each unit offers streaming-enabled TVs, dedicated work areas with high-speed internet, and in-unit washers and dryers. Additional features include: -Off-street parking behind the building -Private decks or enclosed porches in select units -Outdoor dining and relaxation spaces -A Murphy bed for flexible sleeping arrangements in one unit -Thoughtful bedroom placement for privacy among cohabiting guests Located minutes from Downtown Montgomery, Maxwell AFB, EJI, the Legacy Museum, MPAC, and major highways (I-65 & I-85), 229 Noble Avenue sits in a walkable, tree-lined neighborhood just steps from a beautiful public park.

Features

Other

Estimated Value

Based on this property and similar other properties sold in Montgomery over the last 12 months, the estimated median property value of 229 Noble Avenue is $47k.

Median value

$47k

Estimated value range

$20k - $325k

Median days on market

121

Estimated value trend

-1%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Montgomery. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 229 Noble Avenue

2026

Sold

$325,000

30 Jan 2026 by Jeremy Kelly, of Kelly Realty, LLC.

Happy sellers in Montgomery

We have insufficient information to provide an overview of customer satisfaction for Montgomery. Viewing the agent profiles, reviews and sales for Montgomery can provide insights for this location.